Northern Trust announced that it has been selected by the Firefighters? Retirement System (FRS) of Louisiana to provide asset servicing and data analytics capabilities for the $2.4 billion (as of March 31, 2024) fund. FRS of Louisiana is a governmental defined benefit pension plan, established by the state legislature in 1980 to provide retirement and other benefits for Louisiana firefighters.

FRS selected Northern Trust for its innovative technology and tailored services. Northern Trust has had an unwavering commitment to the asset owner space for many decades. The goal within the asset owner segment is to empower the missions of its clients, helping them to maximize investment returns so that they may then serve their constituents, their communities, and the world.